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Do is to preemptively narrow production. Both the private sector are heading in the right direction. Speaks candidly about preparing for the next downturn. We are more cautious compared to 2009. Elizabeth warren talks about how she would fix u. S. Trade policy. It is all straight ahead on bloomberg best. Hello and welcome, i am nejra cehic. Interviews, news and analysis from Bloomberg Television around the world. Showingeconomy has been stress in the trade war. A new report tells a positive story. China showing raising hopes over the countrys recovery. Do these numbers mean and does one swallow make a summer . Certainly a positive headline. The official and private sector are heading in the right direction. There is some seasonal effect behind it. Chinas pmiin probably spilled over to the rest of the region. It is certainly a positive number, but we are not seeing any signs of a sustained rebalance. There are encouraging num ....
Shade. See that we believe. We can follow us on social media or dot com where you can give us your feedback on those stories and much more actually report is coming up on our. Does or this is the cause a report is like yoga for your mind stacy. Thats right indeed you know what weve been covering for the last 10 years basically their response to the Global Financial crisis which was caused by of course a global crime wave from the bankers and what we did is weve lowered rates weve printed money printed money printed money printed money were printing money is going on the fed is going to be printing tens of billions every day for the net up and talked to over 10. 00 so theyve announced that. The other sort of thing that they did is they intervened in the Property Market in order to prop it up through all sorts of schemes under obama. The likes of say blackstone a massive pri ....
They take it out of equity extraction as cash this is incredibly detrimental to the fabric and the character of the nation because theyre not working. And this is what led to bricks in my view well thats my view as well that a cause breaks it across trumpet cause all of the populist uprisings happening around the world of course that the elites instead choose a Conspiracy Theory that some guy living 4000 miles away who doesnt even speak english that hes hes manipulating our population into thinking our programs are bad and of course you know that theyre the Central Banks and to a lesser extent government bodies and treasury departments for example have been picking winners and losers and therefore losers because youre a loser now in the United Kingdom if you havent been able to come up with that 5 percent because in or ....
Thats obviously a recipe for disaster in any long term Property Investor and i say sam zell would tell you this is this is a disaster and of course we have some headlines regarding this is sort of this is the classic mistake of Property Developers and now theyve turned it into a huge market like that we work to open ear companies go we theyve signed the billions and billions of long term leases and the idea is to fill it up with short term tenants and the economy is going under and the company is probably going to go bankrupt and that theyre the biggest leaser in major cities all over the world and it was totally predictable there the number one tenant in london denver new york and i think it was los angeles as major cities around the world they are the number one there if they go under theres going to be huge dislocation and in fact were going to get to that headline ....
A half years after we said this and this is how to buy has failed to make homes more affordable ok lets talk about this for a moment so the government injects a bunch of free money into the Housing Market and prices go up and as a result people find they are less affordable so the government puts in more free money to help people buy these on a form which as the effect of moving the price of the homes up again. So its not that people can afford houses thats not the problem the problem is that the central bank the bank of england and the banks in the u. K. Keep injecting lots of. Bailouts for Home Builders and the banks that support the mortgages and the homebuilders thats causing the prices to go up thats now it also has a corollary effect and that would be a moral hazard because people who buy into these homes and they keep the price keeps going higher because the bank printi ....